Palmer Square Capital BDC Q3 net investment income falls to $0.38 per share from $0.43
Palmer Square Capital BDC Inc. (NYSE: PSBD) reported third quarter 2026 results, with total investment income of $26.6 million and net investment income of $11.6 million, both below the prior-year quarter. Net asset value rose to $13.34 per share from $13.21 at June 30, 2026, and the company declared a fourth quarter base dividend of $0.36 per share.
Key points
- Net investment income was $11.6 million, or $0.38 per share, versus $13.6 million, or $0.43 per share, a year earlier.
- Total investment income was $26.6 million, down from $31.7 million in the third quarter of 2025.
- Net increase in net assets from operations was $14.0 million, or $0.46 per share, versus $3.4 million, or $0.10 per share, a year earlier.
- Fourth quarter base dividend of $0.36 per share is payable January 13, 2027, to holders of record on December 28, 2026; a supplemental dividend is expected to be announced in December.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.